What are my chances of getting into MIT?

I go to a competitive public school in California. I want to major in Aerospace Engineering.
4.00 UW ; 4.25 W GPA
AP Physics (5), AP Chemistry (5), AP Comp Sci (5), AP Calculus (5), AP Statistics (5)
Currently taking AP Literature, AP Environmental Science, AP Government, and AP Biology, Multi variable Calculus and Linear Algebra (both at my local community college)
SAT: 1500 (Math: 800, Reading/Language: 700)
Foreign language: Chinese
SAT Math II: 800
Chinese SAT: 750
Physics SAT: 800
Chemistry SAT: 800
Extracurriculars:

  • Started a non-profit toy business (after creating a new toy product) that uses the leftover money for charity
  • FIRST Robotics Competition World Championships Qualifier Team
  • Captain of NASA Space Settlement Competition Team
  • Captain of Toshiba Exploravision Team
  • Captain of “Campfire” story-based app development team
  • Dave Wittry Memorial Programming Contest
  • CubeSat
  • Staff writer and editor in school newspaper (2 years)
  • Astronomy Club (President, Secretary)
  • Computer Science Club, (2 years)
  • California Scholarship Federation (2 years), MUN (5 years)

Awards: Youth of the Month, Pride of the Pack, Principal’s Honor Roll, AP Scholar with Distinction, MUN Awards
Community Service: ~ 200 hours total
2 internships total:

  1. Research intern (working with professor) at local university
  2. Local aerospace firm

better than my application…

It’s impressive you can do so much, but as an Asian male, you’ll have to be one of the best in the country to be admitted. Except for athletes and URM, MIT wants pointy as in a 6 inch nail. Consider scaling back on activities that most smart kids can do. Focus instead on the national or international competitions and whatever else that is unique about you like your toy business and research.

MIT goes out of their way to say that they are not looking for the six inch nail. Read about extracurriculars here:
http://mitadmissions.org/apply/prepare/highschool